5 Best EV Stocks Under $50

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In this article, we will take a look at the 5 best EV stocks under $50. To see more such companies, go directly to 16 Best EV Stocks Under $50.

5. Li Auto Inc. (NASDAQ:LI)

Number of Hedge Fund Holders: 25

Chinese EV company Li Auto Inc. (NASDAQ:LI) is having a remarkable 2023, having gained about 54% in the year through October 24. As of the end of the second quarter of 2023, 25 hedge funds out of the 910 hedge funds tracked by Insider Monkey had stakes in Li Auto Inc. (NASDAQ:LI). The biggest stakeholder of Li Auto Inc. (NASDAQ:LI) was John Overdeck and David Siegel’s Two Sigma Advisors which had a $129 million stake in the company.

In September Li Auto Inc. (NASDAQ:LI) delivered 36,060 vehicles which was a whopping 212.7% Y/Y increase and a new monthly record.

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